Bollinger band reading : side way range bound negative biased.
MACD Histrogram : down and up, no significant move by both buyer and seller.
Support : 1290 level.
Resistant : 1300 level.
Comment :
FKLI traded side way range bound through out the morning session without clear direction. Expect market to remained side way ranging until it break out from either the support or resistant to determine the market direction as both buyer and seller are still in battling to gain control of the market.
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